Word: bankrupter
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Other automakers are also doing poorly. Leading Detroit's bad news bears again is Chrysler. Fears of buying a car from a company that may go bankrupt and a temporary halt in the rebate campaign combined to sink sales by 44.5% in early November. Chrysler has yard-long waiting lists for the popular front-wheel-drive Omni and Horizon models but cannot make them fast enough...
...took the twelve-member Swiss jury only 50 minutes to decide the long-pending case, and when acquittal was an nounced the Geneva courtroom erupted in applause. Then a smiling Bernie Cornfeld, 52, the bearded hustler from Brooklyn who had founded Investors Overseas Services, the bankrupt European-based mutual fund empire, repaired to a near by cafe for a victory celebration. After a four-week trial that even the presiding judge described as a "circus," Cornfeld was declared innocent of charges that he had coerced employees of I.O.S. into buying its stock when he knew his operation was collapsing...
...government is partially to blame for the high cost of the machine, he said. It stopped buying CATs just as scores of new companies entered the market. These new companies went bankrupt without government patronage and the remaining companies began charging more, Rumbaugh added...
...take him in a minute and under some pretty tough conditions. I say to Miller and group: "Hey, don't get mad at me, I'm new here too." They reply: "Geez, we wish you'd go away. You picked a lousy time to start going bankrupt-just before the New Hampshire primary...
...unable to cope with any kind of unusual demand. Every year at harvest time, there is a severe shortage of hopper cars and boxcars for carrying grain. Meanwhile, many of the railroads that serve the nation's agricultural heartland are failing. The Rock Island, for example, is bankrupt and has been in receivership for the past four years. The strike resulted from its inability to pay clerks and transportation workers $9 million in retroactive...